Byju’s RP’s suit claims directors owe compensation to company under IBC lawsAn EY-backed resolution professional, Shailendra Ajmera, has sued former Byju's directors. The lawsuits claim fraudulent asset transfers. T...
19 Jun, 2025, 02.27 PM IST
Riju Ravindran moves NCLT, alleges GLAS Trust has no authorisation to represent its US-based lendersIn his petition, Ravindran has alleged that GLAS Trust has "fraudulently represented itself to be a financial creditor" and has requested t...
05 Jun, 2025, 07.54 PM IST
US lenders’ consortium files lawsuit against Byju’s founder, othersMembers of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 ...
10 Apr, 2025, 02.48 PM IST
Byju's legal battles: US court ruling, new RP and whistleblower claimsThe US Bankruptcy Court found Byju’s suspended director, Riju Ravindran, founder Byju Raveendran, hedge fund Camshaft Capital Fund, and par...
02 Mar, 2025, 11.22 AM IST
Byju Raveendran seeks probe into alleged EY-Glas Trust collusionAccording to Raveendran, he and several employees of the bankrupt edtech firm received a document with conclusive evidence of criminal coll...
01 Mar, 2025, 08.46 AM IST
US court finds Byju Raveendran, Think & Learn, company directors guilty of fraudAs per the lenders' statement, the court confirmed that several fund transfers from Byju’s Alpha were fraudulent and constituted theft. It ...
01 Mar, 2025, 07.04 AM IST
SC setback for Byju's: Zomato, Swiggy hike platform feeThe Supreme Court has set aside the NCLAT order that approved a settlement deal between Byju’s and the BCCI. This and more in today’s ETtec...
23 Oct, 2024, 08.04 PM IST
Investors leaving board was biggest setback; Byju's now worth zero: founder RaveendranThe founder of the once-most-valued Indian startup said investors threw Byju’s under the bus at the first sign of crisis. While sounding op...
17 Oct, 2024, 08.45 PM IST
Glas Trust moves SC to challenge removal from Byju's committee of creditorsSenior counsel Kapil Sibal, appearing for Glas Trust, which have claims of around Rs 11,500 crore, told a Bench led by Chief Justice DY Cha...
18 Sep, 2024, 08.46 AM IST
Byju's insolvency case: NCLT rejects US lenders' plea to stop CoC proceedingsThe Bengaluru bench of NCLT said it cannot stop the Committee of Creditors (CoC) meetings, as the apex court has allowed its constitution. ...
04 Sep, 2024, 03.36 PM IST
Proceedings initiated against Byju's under companies law 'still ongoing': MCALast year, the ministry ordered the inspection of the books of Byju's in the wake of various developments at the edtech company, including ...
26 Jun, 2024, 09.49 PM IST
Byju's EGM in focus; Elevation's long Paytm betThe investors have red-flagged the acquisition of Aakash Educational Services Ltd (AESL) saying Byju's agreed to “onerous” and “prejudicial...
23 Feb, 2024, 08.03 AM IST
SoftBank sheds another 2% in Paytm; will approach GST Council on 28% tax once gaming rules in place: ChandrasekharIn May, SoftBank had sold a 2.07% stake in Paytm through open market transactions that began in February. Prior to the latest transaction, ...
18 Jul, 2023, 07.47 PM IST